Customers Bancorp Director Receives 625 Shares as Q3 2025 Compensation
Rhea-AI Filing Summary
T. Lawrence Way, a director of Customers Bancorp, Inc., was issued 625 shares of common stock on 09/15/2025 as director compensation in lieu of cash for Q3 2025 at a reported price of $67.85 per share. Following the issuance, the reporting person beneficially owned 124,553 shares. The Form 4 was signed on 09/25/2025 by Andrew Sachs under power of attorney.
Positive
- 625 common shares issued to the reporting person as director compensation for Q3 2025 (explicitly stated)
- Beneficial ownership increased to 124,553 shares following the reported transaction (explicitly stated)
Negative
- None.
Insights
TL;DR: Director received 625 shares as compensation, raising reported beneficial ownership to 124,553 shares; routine disclosure with limited market impact.
The filing documents a non-derivative grant of 625 common shares to reporting person T. Lawrence Way on 09/15/2025 executed as director compensation in lieu of cash at a reported price of $67.85 per share. The report shows total beneficial ownership of 124,553 shares after the transaction. This is a standard Section 16 disclosure of insider compensation and beneficial ownership; the filing contains no additional transactions, sales, or derivative activity.
TL;DR: Routine insider compensation disclosure; grant was signed under power of attorney and properly reported on a Form 4.
The Form 4 indicates the shares were issued in lieu of cash for Q3 2025 director compensation and the signature was provided via power of attorney (Andrew Sachs) on 09/25/2025. The filing lists the reporting person as a director and a single reporting person filed the form. There are no statements of indirect ownership or complex instruments; disclosure is straightforward and limited to the single issuance event.